Bitcoin's Share Of Crypto Market Hits All-Time Low
Crypto's total market cap hit an all-time high above 660 billion dollarson Tuesday as so-called alternative coins, or "alt-coins," charged upwards. However, the largest crypto, bitcoin, lagged behind small rival coins. Bitcoin's share of the total cryptocurrency market cap hit an all-time low on Tuesday below 36%. With a market share of nearly 90%, bitcoin's dominance over the cryptocurrency space appeared unshakable at the start of 2017. As new coins came onto the market, bitcoin's position...
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Creating Litecoin. Charlie Lee explains Litecoin. Open source fork of Bitcoin, 4 times the total coins - 84 million litecoins, ¼ the block confirmation time - 2.5 minutes, Scrypt proof of work, “Silver to Bitcoin’s Gold”, Launched on October 13, 2011. $3 per ltc, $130 million market cap. Why create Litecoin. An excuse to learn the Bitcoin code, Create an altcoin better than the rest, It was just fun! Why did Litecoin succeed? Easy to remember name, Good marketing with silver,...
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